Used as an intermediate in the synthesis of various organic compounds, particularly in the production of dyes and pigments. It plays a role in the manufacturing of pharmaceuticals, where it contributes to the development of active pharmaceutical ingredients. Additionally, it is utilized in agrochemical research for creating pesticides and herbicides. Its application extends to material science, where it aids in the development of specialty chemicals and polymers. The compound is also employed in analytical chemistry as a reagent for specific chemical reactions and studies.